2024-03-31-accounts - Bedwas Pentecostal Church

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HOPE CHURCH BEDWAS

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REPORT AND ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024

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C Management Services 69 Velindre Road Whitchurch Cardiff CF14 2TF

HOPE CHURCH BEDWAS

FOR THE YEAR ENDED 31[ST] MARCH 2023

CHARITY INFORMATION

Trustees:

Bryan Elliott Darren Miller (appointed 2th February 2024) Cameron Muir-Jones (resigned April 2023) Michael Screen

Charitable position: Registered Charity number 1175336 Governing Document: CIO Foundation Constitution dated 24[th] October 2017

Address for correspondence: Hope Church Bedwas The Crescent Bedwas Caerphilly CF83 8AG

Independent Examiner:

Paul Burnell ACMI C Management Services 69 Velindre Road Whitchurch CARDIFF CF14 2TF

Bankers:

Co-operative Bank 16-17 High Street Cardiff CF10 1AX

	CONTENTS
		Page
Charity Information		2
Trustee Report		3-5
Independent Examiners Report		6
Statement of Financial Activities		7
Statement of Assets and Liabilities		8
Notes to the Accounts		9

HOPE CHURCH BEDWAS

RFEPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31[st] MARCH 2024

The Trustees have pleasure in submitting the Report and Accounts for the year to 31at March 2024.

Objects of the Charity

Objects

The objects of the Church (“the Objects”) are for the benefit of the public:

(a) to advance the Christian faith in accordance with the Statement in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit;
(b) to relieve sickness and financial hardship and to promote and preserve good health by the provision of funds, good or services of any kind including the provision of counselling and support in such parts of the United Kingdom or the world as the Church Council from time to time think fit;
(c) to advance education in such ways and in such parts of the United Kingdom or the world as the Church Council from time to time may think fit.

Structure, Governance and Management

Bedwas Pentecostal Church (aka Hope Church), a Charitable Incorporated Organisation, is governed by a board of trustees, appointed for a period of no more than three years by a properly convened meeting of the board of trustees. Trustees will meet at least four times per year to make decisions regarding the structure, governance, financial operations, and other relevant business.

The income of Hope Church is comprised of charitable giving by individuals and organisations, either by monthly standing order, regular donations at weekly worship services, or individual, “one off” donations, and grants from interested entities (be they government, lottery, business, or otherwise).

Responsibilities of the Trustees

Charity law requires the Trustees to prepare financial statements for each accounting year which give a true and fair view of the state of the charity and of its income and expenditure for the year.

We are required to:

Select suitable accounting policies and apply them consistently
Make judgements and estimates that are reasonable and prudent
State whether the applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts
Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in business

We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011. We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Our Aims and Objectives

Hope Church seeks to promote and establish community education, welfare, service and strength through the preaching and teaching of the Christian faith. Hope Church desires that all people hear the message of Jesus Christ and have the opportunity to engage with God. The church also aims to serve its local community through education, service projects, and initiatives made available to all, regardless of faith background.

Activities this last year

Pastor Jenes Samuel and his wife Lydia have been leading the church with the help of Mike and Anita James, our childrens' outreach directors. We continued community outreach events, with a Back to School event in the park, childrens' holiday club, and a community christmas carol event (sponsored as a joint effort with other churches in the Workman’s Hall). Hope Tots began as a weekly mum and baby activity time. It is very well attended. Hope Church began coordinating with Bethel Baptist (Bedwas) and Trethomas Christian Fellowship on United Youth, a fortnightly youth gathering. Overall, the church is growing, with new families added over the last year. Pastor Elliott and his family returned to Bedwas in January of 2024. They will continue as lead pastors until Jenes completes his training with AoG.

Public Benefit requirement

In planning the activities the Trustees have applied the guidance issued by the Charity Commission on public benefit in December 2008.

Financial Review

Finances are reviewed at each trustee meeting, with an annual review of accounts to be carried out at the end of year and submitted to the Charities Commission.

Plans for Future Periods

Hope Church is continuing to provide worship services and community programs, and we will continue supporting missions work at home and abroad.

Independent Examiner

Paul Burnell of C Management Services was appointed as the organisation’s independent examiner during the year.

This Report was approved by the Trustees on 4[th] December 2024 and is signed on their behalf by

Bryan Elliott

INDEPENDENT EXAMINERS REPORT

TO THE TRUSTEES OF

HOPE CHURCH BEDWAS

I report on the accounts of the Trust for the year ended 31[st] March 2024, which are set out on pages 4 to 7.

Respective responsibilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

examine the accounts under section 145 of the 2011 Act;
to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(1) which gives me reasonable cause to believe that in any material respect the requirements:

to keep accounting records in accordance with section 130 of the 2011 Act; and
to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act

have not been met; or

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Paul Burnell

Paul Burnell ACMI 4[th] December 2024 For and on behalf of:

C Management Services (trading name of C Mgmnt Services Ltd) 69 Velindre Road

Cardiff CF14 2TF

HOPE CHURCH BEDWAS

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31[st] MARCH 2024

Note RECEIPTS Receipts from generated funds 2 Receipts from charitable activities 3 Other receipts 4 Interest received Total Receipts PAYMENTS Charitable activities 5 Total payments Net Receipts/(Payments) Transfers between funds Fund balances at 1st April 2023 Fund balances at 31stMarch 2024	Unrestricted Funds £ Restricted Funds £ Total Funds 2024 £ Total Funds 2023 £ 31,034 2,274 33,308 30,884 - - - - 5,875 - 5,875 - 229 - 229 3
	37,138 2,274 39,412 30,887
	33,788 2,659 36,447 21,734
	33,788 2,659 36,447 21,734
	3,350 (385) 2,965 9,153 - - 26,323 385 26,708 17,555
	29,673 - 29,673 26,708

The notes on page 6 form part of these accounts.

HOPE CHURCH BEDWAS

STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31[ST] MARCH 2023

1. Fixed Assets

The value of assets owned are: Buildings Equipment 2. Bank & Cash Balances Cash at bank and in hand 3. Other Assets and Liabilities Assets Gift aid tax recovery not yet received Liabilities Unbilled fee for Independent Examination	Insurance Value 2024 2023 £ £ 345,402 315,852 42,580 38,961 387,982 354,813 2024 2023 £ £ 29,673 26,708 29,673 26,708 2024 2023 £ £ 10,488 7,567 10,488 7,567 120 120 120 120

The accounts were approved by the Trustees and signed on their behalf on 4[th] December 2024

Bryan Elliott

The notes on page 9 form part of these accounts.

HOPE CHURCH BEDWAS

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[ST] MARCH 2024

1. Accounting Policies

The accounts have been prepared on a receipts and payments basis with a statement of assets and liabilities

2. Voluntary receipts Gift Aid donations Other donations Tax recovered 3. Receipts from charitable activities Income 4. Other Receipts Grants Insurance claim 5. Charitable activities a. Direct Charitable Costs Salaries MInistry costs b. Support and Administration Premises running costs Administration and general expenses c. Grants Hardship support	Unrestricted Funds £ Restricted Funds £ Total 2024 £ Total 2023 £ 16,875 - 16,875 14,798 11,666 2,274 13,940 16,086 2,493 - 2,493
	31,034 2,274 33,308 30,884
	- - -
	- - -
	- 5,875 - - - 5,875 -
	5,875 - 5,875 -
	Unrestricted Funds £ Restricted Funds £ Total 2023 £ Total 2022 £ 7,200 11,822 - 2,659 7,200 14,481 5,720 10,202
	19,022 2,659 21,681 15,922
	11,653 - 11,653 3,361 3,113 - 3,113 2,451
	14,766 - 14,766 5,812
	- - -
	- - -

6. Staff and Trustees

The charity has one part-time employed member of staff. Its activities are mainly carried out by volunteers

No remuneration or trustee expenses were paid to any trustee during the year, nor to any person connected to them.